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Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2023
Retirement Benefits [Abstract]  
Pension and Other Defined Contribution Retirement Plan Expenses
Pension and other defined contribution retirement plan expenses included the following components:
(DOLLARS IN MILLIONS)U.S. Plans
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Interest cost on projected benefit obligation(2)
$$$13 $
Expected return on plan assets(2)
(8)(6)(16)(11)
Net amortization and deferrals(2)
Net periodic benefit (income) cost$(1)$— $(2)$
(DOLLARS IN MILLIONS)Non-U.S. Plans
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Service cost for benefits earned(1)
$$10 $10 $19 
Interest cost on projected benefit obligation(2)
18 
Expected return on plan assets(2)
(11)(11)(23)(22)
Net amortization and deferrals(2)
(1)(1)
Net periodic benefit (income) cost$$$$12 
_______________________
(1)Included as a component of Operating profit.
(2)Included as a component of Other (income) expense, net.
Postretirement Benefits Other Than Pension Expenses
(Income) expense recognized for postretirement benefits other than pensions included the following components:
 Three Months Ended June 30,Six Months Ended June 30,
(DOLLARS IN MILLIONS)2023202220232022
Interest cost on projected benefit obligation$$$$
Net amortization and deferrals(2)(1)(3)(2)
Total postretirement benefit (income) expense$(1)$— $(1)$(1)